Thread: Trading Made Simple

Originally Posted by ;

I've oder market EUR/NZD with D1. Anybody sell EN? picture

Today is a good 'sign' to add-on more positions...

Trailing stop is the upper group of the PAC ...1.7086

Originally Posted by ;

How to utilize the full version of this TDI Within his ealry days trading together with the TDI, the OP did mention when there's strong price momentum that the TDI Green breaks from the blue group. Here's an illuion USDJPY H4. Following fourteen days of narrow range price trading, the market breaks out of this narrow range . Notice: under chart shows the actual TDI Red Green (post#25) with no refreshing. image Week 19 May 07 to 11: The following week, you look for pairs that have been investing in narrow range and attempt select the breakout commerce. One possible is USDCAD. It Could happen...

USDCAD Week 19 H4 narrow range,

Is the breakout? There's no 100%, but the probability is there.

On the D1, I visit possible to hit the area between 1.2950 and 1.3040. But we've got MN resistance zone to take into account.

Originally Posted by ;

Trade from your Weekly Open: EURJPY Week 18 ... could hit the typical Weekly Range which is from the current week high... circa 236 pips image

Hello Emm,
That APB/HA histogram in window 2 is fine since it allows us to see the Jap Candles correctly and gives the HA view below! Can you share this indior please through a PM?
Cheers!

Originally Posted by ;

quote Hi Emm, That APB/HA histogram in window 2 is fine since it enables us to view the Jap Candles properly and gives the HA view below! Would you share this indior please through a PM? Cheers! Sachu

Average Price Bar APB/HA Histogram

see old article#50,748

Originally Posted by ;

quote image picture USDCAD Week 19 H4 narrow range, Is this the breakout? The chances are there, although there is no 100%. On the D1, I see possible to hit the region between 1.2950 and 1.3040. But we've got MN resistance zone to consider. picture

USDCAD Week 19 May 08 H4 transactions:

captured the breakout and 100pips with 4 open positions.



anybody else took that commerce?

Originally Posted by ;

quote USDCAD Week 19 May 08 H4 transactions: caught the breakout and 100pips with 4 open positions. image anybody else took that trade?

Bldy Cracker...

Originally Posted by ;

quote USDCAD Week 19 May 08 H4 trades: caught the breakout and 100pips with 4 open positions. picture anyone else took that trade?

Yes I did. Similar result.



I should have had about four entrances rather than the first two. But I had switched profiles and when going back to my own trading profile forgot to check the autotrade button was enabled. So not perfect.

Originally Posted by ;

quote USDCAD Week 19 May 08 H4 trades: caught the breakout and 100pips with 4 open positions. image anybody else took that trade?

Nice ch, Emm! But surely you supposed WCC on the film, not WRB.

Originally Posted by ;

quote Nice ch, Emm! But surely you supposed WCC on the picture, not WRB.

There's still another 100 pips move to capture today... when that WRB with 'hidden gems'get stuffed.

Lt;aim the area between 1.2950 and 1.3040gt; at the D1 chart

you are right that's a WCC seen only in the Weekly charts.

But with WRB, we see them in each chart timeframe from Monthly, Weekly, Daily H4, H1, down to M15 and M1. People WRB with 'hidden jewels' are great to trade.

Example is the H4 WRB after the breakout. That WRB can lead to price fall back today before it decides what to do.

Recall these five famous quotes from the late Mark Douglas :
1. Anything could happen.
2. You do not need to understand what's going to happen next in order to generate money.
3. There's a random distribution between wins and losses for any given pair of factors that define an edge.
4. An advantage isn't anything more than a sign of a higher probability of one thing happening over another.
5. Every moment on the market is unique.

Five great reasons when one loses his money trading retail place forex.

Keep It Easy:
Just examine the candles, and ask - are the candles big or small at the last change.
Assess - what's the short-term trend, what's the long-term trend.
Assess - is price at a consolidation or near a consolidation.

Good Trading,

Originally Posted by ;

Week 19 D1 chart trading: More selling for all these pairs EURUSD, EURJPY, EURAUD, EURCAD and EURNZD ,... until we see a D1 chart HA candle close with change in colour (that is our Exit state) ... we utilize the HA candles that is IMPORTANT . image image image image image

we've EURAUD exit HA candle if D1 May 08 closed.

EURUSD and EURJPY still going strong with fairly good promotion momentum. .
EURUSD caution with yesterday D1 WRB and look closely at the TDI PL and VB respsonse to this price action.
EURJPY - as long as USDJPY stays in very narrow range trading, EURJPY and AUDJPY and GBPJPY can see lower lows.

EURCAD and EURNZD lost the majority of it selling momentum yesterday and we observe closely the way that it will trade now. Tightening trailing stop is what I shall do.

Don't Overtrade, remember I pick only 1 pair from each of the five groups from my 20 pairs.